XML 15 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash $ 7,700 $ 6,359
Receivables 210,592 79,654
Prepaid expenses 177,572 138,673
Inventory 86,852 214,575
Due from related parties 278,688 285,974
Total Current Assets 761,404 725,235
Property and equipment, net 293,246 375,209
Intangible assets, net 57,489 54,408
Operating lease right of use asset 499,012 391,913
Lease security deposit 117,431 120,502
Total Assets 1,728,582 1,667,269
Current liabilities    
Accounts payable and accrued expenses (including accounts payable and accrued expenses of VIE without recourse to the Company of $845,574 and $658,638 of June 30, 2024 and December 31, 2023, respectively) 922,345 825,631
Advances from prospective customers/distributors (including advances from prospective customers/distributors of VIE without recourse to the Company of $423,090 and $434,151 as of June 30, 2024 and December 31, 2024, respectively) 423,090 434,151
Due to related parties (including due to related parties without recourse to the Company of $2,155,212 and $1,749,277 as of June 30, 2024 and December 31, 2023, respectively) 2,305,213 1,859,276
Operating lease liabilities - current (including operating lease liabilities - current of VIE without recourse to the Company of $301, 810 and $276,386 as of June 30, 2024 and December 31, 2023, respectively) 301,810 276,386
Total Current Liabilities 3,952,458 3,395,445
Non-current liabilities    
Operating lease liabilities - non-current (including operating lease liability - non- current of VIE without recourse to the Company of $197,202 and $115,527 as of June 30, 2024 and December 31, 2023, respectively) 197,202 115,527
Total Liabilities 4,149,660 3,510,972
Shareholders' Deficit:    
Preferred stock, par value $0.01 per share, 5,000,000 shares authorized, none issued 0 0
Additional Paid in Capital 2,989,483 2,935,190
Accumulated deficit (5,790,315) (4,885,509)
Accumulated other comprehensive income (loss) 157,531 (13,204)
Total deficit attributable to common shareholders (2,523,481) (1,843,703)
Non-controlling interests 102,403 0
Total Deficit (2,421,078) (1,843,703)
Total Liabilities and Shareholders' Equity 1,728,582 1,667,269
Common Stock Class A [Member]    
Shareholders' Deficit:    
Common stock value 119,816 119,816
Common Stock Class B [Member]    
Shareholders' Deficit:    
Common stock value $ 4 $ 4